Which returned more over the last year, SLQD or USTB?

In the year to Oct 28, 2026, with distributions reinvested, SLQD returned +1.9% and USTB +2.7%.

Which is cheaper, SLQD or USTB?

SLQD is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SLQD vs USTB: Differences, Returns & Fees

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SLQD's duration was 2.2 years on Jul 31, 2026 and USTB's 1.9 on Jun 30, 2026; SLQD charges 0.06% to USTB's 0.34%.

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Net assets: $2.4bn on Oct 28, 2026 for iShares 0-5 Year Investment Grade Corporate Bond ETF, and $2.2bn on Jun 30, 2026 for VictoryShares Short-Term Bond ETF.

SLQD on its own →USTB on its own →

At a glance

+1.9%

SLQD total return, 1 year

+2.7%

USTB total return, 1 year

0.06%

SLQD expense ratio

0.34%

USTB expense ratio

Pair scorecard

SLQD costs 0.28 points a year less; their one-year returns differ by 0.8 points.

SLQD vs USTB: Differences, Returns & Fees
Measure	SLQD	USTB
Return
Measure	SLQD	USTB
Total return, 1 year	+1.9%	+2.7%
Benchmark
Measure	SLQD	USTB
What it tracks	Markit iBoxx USD Liquid Investment Grade 0-5 Index	No index, actively managed
Cost and size
Measure	SLQD	USTB
Expense ratio	0.06%	0.34%
Net assets, SLQD as of Oct 28, 2026 and USTB as of Jun 30, 2026	$2.4bn	$2.2bn
Holdings
Measure	SLQD	USTB
Holdings in common	5%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

Risk and return

Nov 3, 2017 to Oct 23, 2026 · 468 weekly returns

SLQD USTB

Return

Total return edge USTB +27.6% +34.8%

Annualized edge USTB +2.7% +3.4%

Price return edge USTB −1.6% −0.3%

Risk

Volatility edge USTB 4.1% 2.2%

Max drawdown edge USTB −10.3% −5.2%

Risk-adjusted

Sharpe edge USTB 0.02 0.29

Sortino edge USTB 0.03 0.37

Calmar edge USTB 0.27 0.65

Reading

USTB returned more: +34.8% to +27.6%. USTB swung less: 2.2% to 4.1%. USTB fell less at its worst: −5.2% to −10.3%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: SLQD vs USTB: Differences, Returns & Fees
Measure	SLQD	USTB	Edge	How it is measured
Return
Total return	+27.6%	+34.8%	USTB	Price change plus distributions, reinvested.
Annualized	+2.7%	+3.4%	USTB	Total return as a yearly rate.
Price return	−1.6%	−0.3%	USTB	Price change alone, distributions left out.
Risk
Volatility	4.1%	2.2%	USTB	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	2.9%	1.7%	USTB	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−10.3%	−5.2%	USTB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.02	0.29	USTB	Return above Treasury bills per unit of volatility.
Sortino	0.03	0.37	USTB	Return above Treasury bills per unit of downside deviation.
Calmar	0.27	0.65	USTB	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 468 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, SLQD and USTB hold 5% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

5% in common

Positions both hold · largest shared weight first SLQD USTB

Salesforce Inc, due Mar 15, 2028 0.10% 0.22%

Meta Platforms Inc, due May 15, 2031 0.10% 0.18%

Salesforce Inc, due Mar 15, 2029 0.10% 0.09%

Oracle Corp, due Sep 26, 2030 0.09% 0.17%

JPMorgan Chase & Co, due Apr 23, 2030 0.09% 0.13%

Morgan Stanley Private Bank NA, due Feb 8, 2030 0.08% 0.09%

Fidelity National Information Services Inc, due Mar 10, 2029 0.07% 0.10%

T-Mobile USA Inc, due Apr 15, 2031 0.07% 0.25%

Morgan Stanley, due Oct 18, 2029 0.07% 0.16%

Wells Fargo & Co, due May 20, 2029 0.07% 0.09%

Morgan Stanley, due Jan 9, 2030 0.07% 0.09%

US Bancorp, due Jun 12, 2029 0.06% 0.07%

Only in one fund ↓

Only in SLQD

T-Mobile USA Inc, due Apr 15, 2030 0.21%

Bank of America Corp, due Dec 20, 2028 0.19%

AbbVie Inc, due Nov 21, 2029 0.17%

Amazon.com Inc, due Mar 13, 2031 0.16%

CVS Health Corp, due Mar 25, 2028 0.16%

NVIDIA Corp, due Jun 15, 2031 0.15%

Goldman Sachs Group Inc/The, due Oct 21, 2027 0.15%

Amazon.com Inc, due Jul 9, 2031 0.15%

Only in USTB

U S TREASURY NOTE, due Nov 15, 2027 1.75%

U S TREASURY NOTE, due Aug 31, 2030 1.57%

U S TREASURY NOTE, due Dec 31, 2028 1.38%

U S TREASURY NOTE, due Jan 31, 2031 1.25%

U S TREASURY NOTE, due Aug 15, 2029 1.00%

ANTERO RESOURCES CORP 0.98%

U S TREASURY NOTE, due Aug 31, 2027 0.75%

U S TREASURY NOTE, due Dec 15, 2026 0.68%

Check overlap with more funds →

Side by side

SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF USTB VictoryShares Short-Term Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares VictoryShares

What it is Tracks an index Actively managed

Total return, 1 year +1.9% +2.7%

Its benchmark over the same days −1.2% (IUSB) not measured

Gap to its benchmark +3.1 pts vs IUSB not measured

Expense ratio 0.06% 0.34%

Holdings 3107 1034

Net assets, SLQD as of Oct 28, 2026 and USTB as of Jun 30, 2026 $2.4bn $2.2bn

SLQD and USTB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-85DA6F8DCE

SLQD and USTB are built for the same job. How do they differ in cost, holdings and results?

What each follows. SLQD follows Markit iBoxx USD Liquid Investment Grade 0-5 Index and USTB follows No index, actively managed.
Holdings in common. 5% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
Number of holdings. SLQD holds 3,107 positions and USTB holds 1034.

Data as of Oct 28, 2026.

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About each fund

SLQD

SLQD tracks an index. Over the year to Oct 28, 2026 it returned +1.9% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.06% a year.

USTB

USTB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested. The prospectus expense ratio is 0.34% a year.

Questions people ask

Which returned more over the last year, SLQD or USTB?: In the year to Oct 28, 2026, with distributions reinvested, SLQD returned +1.9% and USTB +2.7%.
Which is cheaper, SLQD or USTB?: SLQD is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

SLQD vs SUSB JSCP vs SLQD IBDW vs SLQD BSCU vs SLQD BSCU vs USTB CGSD vs USTB BSCT vs USTB FSIG vs USTB

Where to next

SLQD on its own →USTB on its own →Hold both: look the portfolio through →Rankings →SLQD dividend history →SLQD holdings →USTB dividend history →USTB holdings →Standards and sources →

Sources and dates

SLQD filings on SEC EDGAR ↗

SLQD prospectus with the expense ratio (SEC) ↗

iShares page for SLQD ↗

USTB filings on SEC EDGAR ↗

USTB prospectus with the expense ratio (SEC) ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, SLQD against USTB, data as of Oct 28, 2026. https://etfiq.com/compare/any/slqd-vs-ustb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.